Menu

Ireland's sailing, boating & maritime magazine

IMDO Review: 'Ocean Wealth' Dates, UK Maritime Opportunity & Port Congestion

18th February 2015
IMDO Review: 'Ocean Wealth' Dates, UK Maritime Opportunity & Port Congestion

#Ports&Shipping –The latest IMDO Weekly Market Review includes the following stories as detailed below.

Irish Shipping News: The 2015 Harnessing Our Ocean Wealth annual conference will be held in Ringaskiddy and Haulbowline in Cork Harbour on the 10th and 11th July. This follows last year's inaugural event in Dublin Castle, which outlined the significant progress made to date in implementing the Government's 2012 Harnessing Our Ocean Wealth: An Integrated Marine Plan for Ireland.

Global Maritime News: Top UK shipping experts to advise government on maritime opportunity Top UK shipping executives with plenty of international experience are to join an advisory panel set up by the government to explore future opportunities for the country's maritime industries. It is felt that the only way to fully capitalise on the study was to utilise the experience and expertise of the country's industry leaders.

Port Congestion: Port congestion has provided the containership charter market with a huge boost in rates in recent weeks, while also keeping the inactive boxship fleet at low levels. The inactive boxship fleet stood at just 1.2% of the total containership fleet, representing 225,223 teu. This is far below the levels normally recorded at this time of year, when the inactive fleet tends to balloon for the quieter winter period.

For more on each of the above and other stories click IMDO Weekly Markets Review (Week 6).

In addition to dedicated coverage on Afloat.ie's Ports & Shipping News section.

Published in Ports & Shipping
Jehan Ashmore

About The Author

Jehan Ashmore

Email The Author

Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

We've got a favour to ask

More people are reading Afloat.ie than ever thanks to the power of the internet but we're in stormy seas because advertising revenues across the media are falling fast. Unlike many news sites, we haven’t put up a paywall because we want to keep our marine journalism open.

Afloat.ie is Ireland's only full–time marine journalism team and it takes time, money and hard work to produce our content.

So you can see why we need to ask for your help.

If everyone chipped in, we can enhance our coverage and our future would be more secure. You can help us through a small donation. Thank you.

Direct Donation to Afloat button